Business Plan- Do Now

Business Plan- Do Now

9th Grade

12 Qs

quiz-placeholder

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Business Plan- Do Now

Business Plan- Do Now

Assessment

Quiz

Business

9th Grade

Medium

Created by

Sherica Simmonds

Used 1+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is a business plan?

Written document that only outlines the business practices of the new business.

Written document that describes the financial aspects of the business.

Written document that only describes the ownership of the business.

Written document that describes all the steps necessary for opening and operating a successful business.

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Why do you need a business plan?

To explain your idea

the ability to get financing.

it's a road map that sets objectives and goals for the business.

To help reduce the risk of business failure.

All of the above.

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Complete the sentence: A business plan...

is useful once your business is operational but not much help during the startup phase

is not usually needed once the business is up and running

can serve as a tool for helping a business during the startup phase and for managing your business once it is up and running.

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A brief account of the key points contained in a business plan

Executive Summary
Company Description
Mission Statement
Vision Statement

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A description that provides an outline of a business

Executive Summary
Company Description
Contingency Plan
Mission Statement

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A description of the product or service to be offered

Operational Plan
Marketing Plan
Product and Service Plan
Industry Overview

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Research of the potential business’s industry

Market Analysis
Industry Overview
Contingency Plan
Marketing Plan

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